Unlike a sole proprietorship,a corporation's shareholders

Question

Quizplus · Accepted Answer

In a corporation, the shareholders own the firm but do not directly manage it. The management of the corporation is typically handled by a board of directors and executive officers who are appointed by the shareholders. Shareholders may have a say in the corporation's management by voting on major decisions at shareholder meetings, but they do not have direct control over day-to-day operations.

Unlike a Sole Proprietorship,a Corporation's Shareholders